Type
Crossword
Description

a person who rents a house or apartment Tenant
the person or people that own a rented house or apartment Landlord
a form of home ownership where each unit is individually owned Condominium
The money given to the landlord from the tenant as protection in the event that the tenant causes damage to the rented property; refunded when the tenant moves out if there is no damage, and can range from 1 to 4 month’s rent. Security Deposit
A mortgage in which the monthly payment and the APR may change, as specified in the signed agreement. Adjustable Rate Mortgage (ARM)
The act by a bank of taking possession of a home when the homeowner cannot pay the mortgage. Foreclosure
Required by mortgage holders, a type of insurance that covers damage to the home due to fire and other natural disasters; also covers the contents of the home in case of theft or vandalism. Homeowner’s Insurance
a factor banks use when deciding whether to lend money for a mortgage; ideally <28% Front-end Ratio
a factor banks use when deciding whether to lend money for a mortgage; ideally <36% Back-end Ratio
A ratio of monthly expenses to monthly gross income; offers a realistic view as to where a person stands financially with the amount of debt presently being carried. Debt to Income Ratio
The money the bank collects from borrowers, for insurance and property taxes; the bank pays those bills for the homeowner when they are due. Escrow
costs that occur on a regular basis Recurring Cost
one-time costs Non-Recurring Cost
What % of gross income people should spend on rent? 25% - 30%
The earnest money, or good-faith deposit, is the money paid to the seller by an interested buyer to show that the buyer is serious about buying the house. Earnest Money Deposit

Buying A Home Terms Word Search

Type
Word Search
Description

earnest money
default
debt to income ratio
credit insurance
conditions
collateral
closing costs
closing agent
closing
character
capital
capacity
balloon payment
asset
appreciate
appraisal
adjustable rate mortgage
workout
variable rate
underwriting
title agency
title insurance
survey
short sale
secured loan
sales contract
principal
prime rate
prequalification
predatory lending
preclosing
preapproval
net worth
mortgage

Acquiring Housing: Renting versus Buying Chapter 6 Interior Design Crossword

Type
Crossword
Description

A person who owns a property and rents it to someone else. landlord
Someone who pays rent o use or occupy property owned by someone else. tenant
The money a lending company charges a buyer for a loan. interest
Individual ownership of a unit in a multifamily dwelling, such as an apartment or town house. condominium ownership
A form of home ownership in which residents of a multifamily building purchase stock in a nonprofit corporation that owns the building and its grounds. cooperative ownership
A fee paid by a renter to cover the cost of any future damage that may be caused to the unit. security deposit
An insurance policy that covers personal property against loss by theft, fire or other hazards. renter's insurance
A deposit a potential buyer pays to show that he or she is serious about buying a home. earnest money
A partial payment of cash made at the time of purchase. down payment
Fees due at the time a home purchase is finalized. closing costs
The original amount of a loan (not including interest); also the portion of a loan payment that goes toward reducing the original amount of a loan. principal
A home loan. mortgage
The amount a person earns before taxes and other deductions are taken out. gross income
Expenses, such as rent, that are fairly constant and that must be paid regularly. fixed expenses
Expenses that vary in amount and that do not occur regularly. flexible expenses

Banking Terms Crossword

Type
Crossword
Description

Bank branch offices, hours of operation, availability of ATM Location
Direct deposit, automatic payments, overdraft protects, online banking, discounts or free checking for students Special Features
Monthly charges, per check costs, printing of checks, balance inquiry cost, ATM checks Fees
Minimum balance, holding period for deposited checks Restrictions
An payment system where bills are paid through direct withdrawal from a bank account Automatic Payment
A financial cooperative owned by its members to serve its members. It offers the same financial services as a bank Credit Union
Allow customers to get cash and conduct banking transactions ATM
An account that allows you to deposit money and write checks on that account. Checking Account
The amount of money currently in an account Balance
A business that keeps money safe fro its customers, lends money to borrowers, and provides other financial services Bank
A banking card that can be used to purchase goods and services electronically. The amount is transferred immediately. Debit Card
The least amount of money a bank requires when opening an account Minimum Deposit
The money put into a bank account Deposit
A savings or checking account set up in the names of more than one person Joint Account
The money a bank pays for the use of a person’s money. Interest is referred to in terms of annual percentage rate (APR) Interest
Tells how much money you currently have in your account (account balance) Inquiry
A secret number or code that protects the security of an account PIN
An amount of money taken out of an account Withdrawal
A bank account that allows you to put money away to use later. The bank pays interest in exchange for the use of the money in the account Savings Account
Business done with a bank, including deposits, and withdrawals Transaction
A bank employee who performs banking services for the public, such as cashing checks and accepting deposits Teller

Business Key Terms Crossword

Type
Crossword
Description

When an individual is unable to pay debts. Bankrupt
To allocate money for benefit in the future. Investment
A financial gain. Profit
Money collected from tenants for the use of property. rent
The value of the shares issued by a company. equity
Advice on money issues. Financial Advice
A plastic card issued by a bank. Credit Card
A company provides compensation for loss. insurance
Money borrrowed from a financial institution to buy property. mortgage
Minimum numbers of hours that have to be worked. casual work
A legal order so that a certain amount of money can be deducted from a borrower’s wages to repay debt. garnisheed
A sumof money paid by the financial sector in return for the investment of money. interest
A type of employment where regular hours are worked at a fraction Part-time work
Debt restructuring. Refinancing
Prevents something else from being harmed. savings buffer

Financial Literacy Crossword

Type
Crossword
Description

a sum of money that is borrowed and expected to be paid back with interest in a specified time frame Loan
the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets Interest Rate
the annual rate that is charged for borrowing Annual Percentage Rate
a card that allows customers to access their funds immediately from their checking account Debit Card
a card that can be used at a store, restaurant, online, etc. that allows the cardholder to make a purchase immediately but then pay back the money later Credit Card
a card that usually does not charge interest; however it requires the cardholder to pay off his/her balance in full every month Charge Card
contains information about your credit such as loan paying history and the status of your credit accounts. Lenders use these reports to make lending decisions Credit Report
the sense of regret after buying something Buyers Remorse
allows you to track your income and your expenses Budget
a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates Credit Union
an amount of money that you owe to a person, bank, or company Debt

Finding an Apartment Crossword

Type
Crossword
Description

The company or individual who owns an apartment Landlord
A legal document signed by both the tenant and the landlord that contains the terms of the agreement, such as the names of the tenant, the rent amount, and the responsibilities of the landlord and tenant Lease
An important safety consideration that also determines your ease of getting to work, buying groceries, and so on. Location
The amount of time required in advance if either the landlord or the tenant wishes to discontinue the rental agreement. Notice
The payment, usually monthly, that the tenant pays to the landlord. Rent
A sum of money, usually equal to one month's rent held by the landlord to cover any damage to the apartment caused by tenant Security Deposit
The person renting the apartment Tenant
The length of the rental agreement, usually a period of one year Term
One individual apartment. A large apartment building may contain 20 or more Unit
Services needed to make to make a house or apartment functional, such as hot water, electricity, natural gas and cable and internet service Utilities

Mortgage Terms Crossword

Type
Crossword
Description

Home Mortgage ___________ Act Disclosure
Comparison of your loan amount to the value of your home LTV
Percentage of your debt divided by your gross income DTI
Spouse that will only be on title but not on loan NPS
Insurance that protects lenders/investors for losses due to the event of default of a mortgage loan MI
Document that most be provided withing 72 hours of taking an application Loan Estimate
Document provided prior to closing that replaces the HUD-1 and TIL Closing Disclosure
Document filed to show lien with lender is a Deed of _______ Trust
Sketch of a property showing its boundaries Survey
History of the title showing current owners and liens Abstract
Nationwide registraction system for mortgage loan originators SAFE Act
Origination, appraisal, and survey fees are know as _____________ costs. Closing
Insurance protecting the lender is known as a _____________ policy Lenders
We use the borrowers __________ income to qualify them for a loan gross
FHLB stands for _____________ Home Loan Bank Federal
Intergrated Disclosure regulation that went into effect October 3rd, 2015 TRID
Computer generated loan underwriting system AUS
An ___________ account is set up to pay taxes and insurance on a yearly basis Escrow
Right of _____________ gives a borrower 3 days to decide if they wish to continue with a loan Rescission
A Mortgage _____________ is in charge of receiving payments, paying taxes and insurance, etc. Servicer

Real Estate Terms Word Search

Type
Word Search
Description

Commission
Landlord
Tenant
Sale
Lease
Broker
Rent
Escrow
Buyer
Seller

Financial Terms Crossword Puzzle

Type
Crossword
Description

When you’re investing or saving, this is the interest that you earn on the amount you deposit, plus any interest you’ve accumulated over time. Compoundinterest
A number used by banks and other financial institutions to measure a borrower’s credit worthiness. FICOscore
The difference between your assets and liabilities. networth
The process by which you choose what proportion of your portfolio you’d like to dedicate to various asset classes, based on your goals, personal risk tolerance and time horizon. Assetallocation
Commonly referred to as fixed-income securities. Bonds
The increase in the value of an asset or investment — like a stock or real estate — above its original purchase price. Capitalgains
The process of buying or selling securities over time in order to maintain your desired asset allocation. Rebalancing
Also called equities or shares. Stocks
This is the process of paying off your debt in regular installments over a fixed period of time. Amortization
A type of mortgage in which the interest you pay on your outstanding balance rises and falls based on a specific benchmark. ARM
An account held by an impartial third party on behalf of two parties in a transaction. Escrow
A mortgage that carries a fixed interest rate for the entire life of the loan. Fixed-rate mortgage
Employer-sponsored retirement plans, such as pensions, in which the employer promises a specified retirement benefit based on a formula that may include an employee’s earnings history, length of employment and age. Defined-benefit plans
Companies often use these as management incentives. stockoptions
The payments you make to an insurance company in return for protection from financial losses within the scope of your policy. Premium
Used to determine your taxable income, minus any additional IRS-qualified deductions that you’re eligible to take. AGI
A person who is financially dependent on your income, typically a child or an adult relative you may support. Dependent
A standard amount that can be used to reduce your taxable income if you decide not to itemize your deductions. Standarddeduction
A qualified expense that the IRS allows you to subtract from your adjusted gross income, which further reduces your taxable income. Itemizeddeduction
A type of policy that provides additional liability coverage beyond what your home, auto or boat insurance may provide. Umbrellainsurance

Insurance Terms Crossword

Type
Crossword
Description

Business person who analyzes the probabilities of risk/risk management. Actuary
Person who sells, services, or negotiates insurance policies either with a company or individually. Agent
Physical injury that can include sickness/disease to a person Bodily Injury
A clause in most property insurance policies to encourage policyholders to carry a good amount of insurance. If the insured person doesn’t maintain the amount specified in the clause (usually 80%), the insured person will share a higher proportion of the loss. Coinsurance
The date when an insurance company issues a policy. Date of Issue
Portion of the insured loss paid by the policyholder Deductible
Amount at which an asset can be bought or sold in a transaction between willing parties. Fair Value
The termination of a policy due to failure to pay the required renewal premium. Lapse
It is a state assistance program, to provide hospital and medical expense insurance to people over 65 years of age. Medicare
Money charged for the insurance coverage reflecting expectation of loss. Premium
Uncertainty including the possibility of loss by an unexpected event for which insurance is used for. Risk
homeowners insurance sold to tenants living in the described property. Tenants
The person who identifies and classifies the degree of risk posed by the person trying to be insured. They determine whether or not coverage should be provided and what the rate should be Underwriter
Insurance that will cover an employer’s liability for injuries or death to people in their employment Workers' Compensation
The amount that has to be paid by the insured person during a calendar year before the insurer is responsible for more loss costs Deductible